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Ordinal Inscription Collections on Bitcoin Blockchain Grow as Creators Monetize Art
20.2.2023
With more than 150,000 Ordinal inscriptions on the Bitcoin blockchain, there are now numerous collections as creators and artists have found a new way to monetize their artworks via blockchain technology. In the past month, people have launched collections such as Ordinal Punks, Ordinal Penguins...
Democrats Give Back Less Than 3% of $45.2M Donation from FTX Co-Founder Sam Bankman-Fried
20.2.2023
FTX founder Sam Bankman-Fried was a major donor to the Democratic Party in the US, but the politicians who received the donations have so far only promised return a fraction of what they got.
The funds that are now being returned to the bankrupt crypto exchange make up just 2.2% – or $1 million...
9 promising blockchain use cases in healthcare industry
20.2.2023
Blockchain enables healthcare record management, clinical trial transparency, efficient supply chain management and more
South Korean Prosecutors Applaud ‘Meaningful’ US Do Kwon Charges
20.2.2023
South Korean prosecutors have applauded “meaningful” charges brought against Do Kwon, the Co-founder of Terraform Labs, by the top American financial regulator....
Read More: South Korean Prosecutors Applaud ‘Meaningful’ US Do Kwon Charges
5 revolutionary use cases of blockchain technology for the pet healthcare market
20.2.2023
Blockchain technology is taking multiple sectors by storm. The healthcare market is not an exception – blockchain-based investments in healthcare are projected to surpass $16 billion by 2031, growing at a CAGR of 40.8% from 2022 to 2031 (Source: Allied Market Research). While inferior...
Shibarium marks the year 2022 as a year of knowledge & innovation
20.2.2023
The year 2022 happened to have been a year of closely learning and understanding what and just how to go about making the entity undertake changes in its overall functioning, as well as making it effective and significant in terms of the common ecosystem. Along with that was the absolute necessity...
Klaytn’s new move for enhanced sustainability & decentralization
20.2.2023
The Klaytn Foundation happens to have been set up with the aim and intention of creating and decentralizing the ecosystem of the South Korean top-of-the-line layer one blockchain, Klaytn. The entity seizes the opportunity of making its announcement of coming out with a new governance system which...
Chinese Prosecutors Close Net on 40 Suspected Crypto Scammers
20.2.2023
Up to 40 suspected crypto scammers are facing prosecution in China – with 10 already standing trial.
Per Jimu News, 10 of the alleged scammers are being tried at the Enshi (Hubei Province) branch of the People’s Court on fraud charges.
The public prosecution agency claims that the “gang”...
San Francisco's Move to Hire CBDC Developer Signals Digital Currency Progress – Here's the Latest
20.2.2023
Joining the growing ranks of public actors across the world who wish to jump on the central bank digital currency (CBDC) wagon, the Federal Reserve Bank of San Francisco is looking for an experienced CBDC developer under a job opening titled “Senior Application Architect - Digital Currency”.
The...
YouTube’s New CEO Neal Mohan Is Optimistic About NFTs and the Metaverse – What Does This Mean for the Crypto Industry?
20.2.2023
YouTube’s new CEO Neal Mohan has expressed optimism about the integration of new technologies into the video sharing platform, including NFTs, metaverse, and blockchain.
Mohan, who has recently replaced Susan Wojcicki as the new CEO of YouTube, said Web3 "opens up new opportunities for creators."...
What is a supernet, and how does it work?
20.2.2023
A supernet or umbrella network combines multiple smaller networks or blockchains into one larger network
Helium to Fully Migrate to Solana Blockchain by March 27
20.2.2023
This upgrade will encompass all wallets, Hotspots, and Helium Network state, and will take place over a 24-hour transition period on the decided date
'Unworkable' bill to ban blockchain immutability is introduced in Illinois
20.2.2023
Florida-based lawyer Drew Hinkes described the bill as “the most unworkable state law” related to blockchain and cryptocurrency that he has ever seen
Nearly 3 Billion BUSD Stablecoins Have Been Removed From the Market in 6 Days
20.2.2023
Six days ago, a few hours before the blockchain infrastructure platform Paxos announced it would no longer mint BUSD stablecoins, $2.86 billion worth of BUSD were redeemed. Currently, Binance is the most active exchange trading BUSD tokens, and the stablecoin still commands roughly 10.7% of...
FTX Warns Community of Phony ‘Debt Tokens’ and Scams Claiming to Be Affiliated With the Bankrupt Exchange
19.2.2023
On Friday, debtors who control the official FTX Twitter account warned the community to “be on alert for scams from entities claiming to be affiliated with FTX.” They also noted that neither FTX debtors nor any entity related to the company has issued any IOU crypto assets...
Bitcoin Continues to Record Blocks Above the 3.75 MB Range as Ordinal Inscriptions Near 150,000
19.2.2023
As Ordinal inscriptions approach the 150,000 mark, blocks larger than 3 MB have become commonplace, with many blocks near the 4 MB range. Meanwhile, after the average transaction fee on-chain rose 122% higher at the beginning of February 2023, the average fee has remained the same over the last...
San Francisco Fed is Seeking CBDC Developer as More Countries Join the Race
19.2.2023
The Federal Reserve Bank of San Francisco has announced a vacancy for a CBDC developer as the federal bank aims to explore the cost and benefits of the potential technologies for central bank digital currencies.
The San Francisco Fed posted a job opening titled “senior application developer...
Metaverse, AI, and Liquid Staking Tokens Lead Year-to-Date Crypto Asset Gains Among Top 125
19.2.2023
In 2023, the leading crypto assets, such as bitcoin and ethereum, have captured decent gains. Bitcoin has increased 17.2% over the last 30 days, and ethereum has risen 9.3% in the same timeframe. However, year-to-date statistics show that bitcoin is down 38.3%, and ethereum has lost 39.3% against...
Sony and Astar Network Launch Web3 Incubation Program for NFT and DAO-Focused Projects
19.2.2023
On Feb. 17, 2023, Tokyo-based Sony Network Communications announced that it is co-hosting a Web3 incubation program with the multichain smart contract platform Astar Network. The program has started accepting applications, and Sony and Astar will jointly mentor Web3 projects “focused on...
NFT Sales Surge Over 43% in Past Week, Topping $397 Million
18.2.2023
Sales of non-fungible token (NFT) assets over the last seven days rose 43.97% compared to the previous week, according to statistics recorded on Feb. 18, 2023. The volume of NFT sales reached $397.86 million this week, with 345,716 NFT buyers and roughly 1.62 million transactions. NFT Sales...